UOB aims to boost bilateral cooperation between Singapore and China with new partnership

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SINGAPORE (Nov 20): United Overseas Bank (UOB) is partnering Suzhou Industrial Park Administrative Committee (SIPAC), which governs and administers China’s Suzhou Industrial Park (SIP), to facilitate the expansion of companies through cross-border trade and investment.

The bank signed a memorandum of understanding (MoU) with SIPAC at the 12th Meeting of the Singapore-Jiangsu Cooperation Council today.

 Under the MoU, both parties will collaborate to offer companies – including those looking to set up operations in the SIP – financial solutions and business advisory as they tap China’s Belt and Road Initiative (BRI) for...(click on link for full story on theedgesingapore.com)